Well the initial response was good. Didn‘t expect the selloff but unless you‘re in the space or know?? Initial short shock and a reposition? Limits on % gains under the buy back won‘t help due to the liquidity - probably easier to run a daily algorithm? Depend on CUV‘s volume buys to see what is countered but still a timely strategy IMO. May not be a raging success unless CUV does have those material announcements on the way.
Ann: CLINUVEL initiates on market share buy-back program, page-31
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Last
$13.67 |
Change
-1.010(6.88%) |
Mkt cap ! $684.5M | |||
| Open | High | Low | Value | Volume |
| $14.46 | $14.48 | $13.48 | $2.402M | 173.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $13.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.75 | 109 | 1 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| CUV (ASX) Chart |